Talisman Mining Ord Shs TLM

Primary Symbol: TLSMF

Metals & Mining Industrial Metals & Minerals

Talisman Mining Limited is an Australia-based mineral development and exploration company. The Company is engaged in the exploration, discovery and development of opportunities in base and precious metals. It has secured tenements in the Cobar/Mineral Hill region in Central New South Wales (NSW) through the grant of its own exploration licenses and through a joint venture agreement. Its projects include Lachlan Base Metal and Copper-Gold Project, Mabel Creek Project and Yarindury Porphyry Copper-Gold Project. Its Lachlan Project encompasses approximately 7,100 square kilometers (km2) land position in the highly prospective Lachlan Fold Belt of central New South Wales. It also has over 1040 km2 of highly prospective tenure in Mabel Creek Project, which is a prospective for iron oxide copper gold (IOCG) deposits and intrusion related rare earth and battery metals mineralization. Yarindury Project is located 30km east of Dubbo in the Macquarie Volcanic Arc of central-western NSW.

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Talisman Mining Ord Shs > What happens to the stock if no deal on Monday

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Comment by SixthSenseNewson Dec 13, 2014 7:59pm

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Post# 23228071

RE:RE:RE:What happens to the stock if no deal on Monday

Deal is likely there for +/- US$ 9.00 for the following possible reasons: Book value is approximately US$ 8.57, buyer has come before and he is likely interested once again, buyer has properties similar to TLM lucrative assets, buyer knows current market price is attractive but then the buyer also knows that oil prices will REBOUND and current stock market price will not last. Add an approximate premium of 15% to the book value and the deal for +/-US$ 9.00 looks highly likely!

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